Plan Snapshot
- Plan Sponsor: California Physicians Service Dba Blue Shield Of California
- Sponsor EIN: 940360524
- Sponsor Address: 601 12TH STREET, OAKLAND, CA, 94607
- Plan Type: DB
- Total Participants: 2,287
- Total Assets: $561.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,287 | $561.6M | $15.0M | $0 |
| 2023 | 2,472 | $565.5M | $15.0M | $0 |
| 2022 | 2,766 | $528.3M | $19.1M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD ASSOC. | Recordkeeper | $1,135,558 | — | $1,135,558 |
| ACADIAN ASSET MANAGEMENT | Other Service Provider | $224,164 | — | $224,164 |
| THE NORTHERN TRUST COMPANY | Custodian / Trustee | $207,437 | — | $207,437 |
| INCOME RESEARCH AND MANAGEMENT INC. | Other Service Provider | $155,409 | — | $155,409 |
| BAILLIE GIFFORD | Other Service Provider | $147,900 | — | $147,900 |
| BLACKROCK FINANCIAL MANAGEMENT, INC | Other Service Provider | $137,588 | — | $137,588 |
| VICTORY CAPITAL MANAGEMENT INC | Investment Advisor | $45,060 | — | $45,060 |
| ARMANINO LLP | Auditor | $42,179 | — | $42,179 |
| BLUE SHIELD OF CALIFORNIA | Other Service Provider | $31,407 | — | $31,407 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VICTORY CAPITAL MANAGEMENT INC — Investment Advisor
- ARMANINO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,126,702
- Estimated Expense Ratio: 0.379% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,834,712 | $917,558 | $31,407 | — | — |
| 2023 | $2,752,225 | $1,009,029 | $31,330 | — | — |
| 2022 | $2,801,306 | $1,240,983 | $78,408 | — | $824,643 |